FOR SALE
Contact Exclusive Agents RWC Cairns

7/22 Spence Street
Cairns City QLD 4870

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WIWO - Grab and Go - Cairns CBD

Five star spot in the heart of Cairns in the iconic Central Hotel Building - corner of Spence & Lake Street, the café is strategically positioned in a bustling area with high foot traffic, ensuring a steady flow of city workers, locals and tourists.
This business operates predominately as a 'grab & go' but there is also room to accommodate more inside/outside dining. The huge opportunity here is to scale up for more income and profit by extending the trading days and hours to take advantage of the nighttime trade with not 1 but 3 night clubs/bars already operating in the building. The eclectic fit out adds to the vibe of the city and with all the equipment and fittings in place you can start trading straight away. This is a perfect opportunity to put your brand in one of the most sought-after locations in Cairns. All the setup work has been done, requiring a new owner to simply put their own imprint on the business.
The present owners are motivated to sell as work commitments have taken them back overseas, this is a genuine WIWO sale with the current lease in place till Feb 2026 with a further 5 year option. Please call or email for further information on this business sale opportunity.

Property Details for 7/22 Spence St, Cairns City

Building Type
Commercial

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,330 properties. Over the last 5 years, Houses in Cairns City have seen a 28.68% increase in median value, while Units have seen a 46.21% increase. As at 30 September 2024:

  • The median value for Houses in Cairns City is $512,156 while the median value for Units is $493,046.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 44 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Cairns city.

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